WAL -376.82% Due to Sustained Downtrend and Market Sentiment Deterioration

On OCT 12 2025, WAL dropped by 635.42% within 24 hours to reach $0.2076, WAL dropped by 1298.16% within 7 days, dropped by 1298.16% within 1 month, and dropped by 1298.16% within 1 year.

The asset has experienced a dramatic and sustained decline in price over the past year, with the recent 24-hour drop marking one of the steepest short-term corrections in its recent history. The decline has not been isolated to a single timeframe but has persisted across weekly, monthly, and annual metrics, indicating a broad consensus of bearish sentiment among market participants. The price movement has been attributed to fundamental shifts in market confidence, likely driven by a combination of macroeconomic factors and internal project developments that have yet to be disclosed in this dataset.

Technical indicators suggest that WAL has been in a strong bearish phase for an extended period. Price has failed to recover from key resistance levels and has instead been progressively undercut by a widening downward trend. This has resulted in a lack of bullish momentum, with momentum indicators such as the RSI and MACD showing consistent bearish divergence. As a result, the asset appears to be in a prolonged structural downtrend, which could persist unless a significant external catalyst triggers a reversal.

The continued weakness has been underscored by the absence of significant volume surges that typically precede turning points or volatility spikes. This implies that the sell-off has not been driven by panic selling but rather by a gradual erosion of buying interest. Analysts project that the trend is likely to continue unless a fundamental shift in sentiment or market conditions occurs.